With Trump and Kamala Harris running a close race, polling at 51% and 49% respectively according to Kalshi, the implications for crypto are intense. Each candidate has a distinct stance on crypto—Trump advocates for deregulation, while Kamala favors regulatory oversight. Here’s how the outcome of this election might set the stage for Altcoin Season and affect your holdings.
1. Trump Victory: Could This Trigger a Crypto Bull Run? If Trump wins, we could see significant excitement in the crypto space due to his stance on:
Deregulation and Free Markets: Trump’s push to reduce restrictions might open doors for more institutional interest in crypto. With fewer barriers, funds could flow into high-risk assets, including memecoins.
High-Volatility Assets Surge: A Trump presidency could boost meme tokens and volatile altcoins as liquidity increases, potentially sparking a new bull run and putting “high-risk, high-reward” assets in the spotlight.
2. Kamala Harris: Stricter on Memecoins but Altcoin Season Might Still Flourish Kamala’s approach may involve tighter regulation, especially in the “meme economy,” but this could still benefit altcoins:
Emphasis on Stable Tokens and DeFi: While Kamala’s policies may impact meme coins, her administration could leave core DeFi largely intact, allowing safer, more reliable altcoins to gain momentum.
Capital Flow to Solid Projects: If meme tokens face new restrictions, we might see funds move from high-risk assets to stable altcoins, potentially accelerating Altcoin Season.
Altcoin Season: A Likely Outcome Regardless of the Winner 🚀💸 Both candidates have policies that could drive growth in altcoins:
Trump’s Deregulation: His win could inject energy into high-risk tokens and altcoins, attracting risk-takers.
Kamala’s Stabilization: Under Kamala, more established assets may rise in popularity, encouraging investment in stable altcoins and DeFi.
Crypto enthusiasts are watching as Trump and Kamala battle it out. Whichever candidate wins, this election could pave the way for an altcoin rally driven by regulatory changes, liquidity shifts, and the relentless enthusiasm of the crypto community.
